XML 20 R9.htm IDEA: XBRL DOCUMENT v3.7.0.1
Accumulated Other Comprehensive Loss
3 Months Ended
Mar. 31, 2017
Accumulated Other Comprehensive Loss [Abstract]  
Accumulated Other Comprehensive Loss

3. Accumulated Other Comprehensive Loss



The components of accumulated other comprehensive loss, net of tax, are as follows (in thousands):



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity in

 

Accumulated

 

 

 

 

Telesat Other

 

Other

 

Postretirement

 

Comprehensive

 

Comprehensive

 

Benefits

 

Loss

 

Loss

Balance at January 1, 2016

$

(13,459)

 

$

(15,239)

 

$

(28,698)

Other comprehensive (loss) income before reclassification

 

(1,209)

 

 

15,477 

 

 

14,268 

Amounts reclassified from accumulated other comprehensive loss

 

594 

 

 

 

 

594 

Net current-period other comprehensive (loss) income

 

(615)

 

 

15,477 

 

 

14,862 

Balance at December 31, 2016

 

(14,074)

 

 

238 

 

 

(13,836)



 

 

 

 

 

 

 

 

Other comprehensive loss before reclassification

 

 

 

(3,192)

 

 

(3,192)

Amounts reclassified from accumulated other comprehensive loss

 

154 

 

 

 

 

154 

Net current-period other comprehensive income (loss)

 

154 

 

 

(3,192)

 

 

(3,038)

Balance at March 31, 2017

$

(13,920)

 

$

(2,954)

 

$

(16,874)



The components of other comprehensive income and related tax effects are as follows (in thousands):





 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



Three Months Ended March 31,



2017

 

 

2016



Before-Tax

 

Tax

 

Net-of-Tax

 

 

Before-Tax

 

Tax

 

Net-of-Tax



Amount

 

Provision

 

Amount

 

 

Amount

 

Provision

 

Amount

Amortization of prior service credits and
  net actuarial loss

$

239 

(a)

$

(85)

 

$

154 

 

 

$

203 

(a)

$

(76)

 

$

127 

Equity in Telesat other comprehensive (loss) income

 

(4,929)

 

 

1,737 

 

 

(3,192)

 

 

 

14,448 

(b)

 

(5,416)

 

 

9,032 

Other comprehensive income

$

(4,690)

 

$

1,652 

 

$

(3,038)

 

 

$

14,651 

 

$

(5,492)

 

$

9,159 





(a)

Reclassifications are included in general and administrative expenses. 

(b)

Includes $20.8 million ($13.5 million, net of tax) share in the equity of Telesat’s other comprehensive income that we could not record in 2015 (see Note 5).